The Dow Jones FXCM Dollar Index (Ticker: USDOLLAR) faces resistance at 9930/63 (9/10 high, 8/23 low and 38.2% retracement of the decline from 10323). What’s more, the rally from the low is in 2 equal legs, which is typical of a correction. The current level is viewed as a high risk area for bulls and therefore an opportunity to trade from the short side.